#maritimetrade
Iran Plans $1-Per-Barrel Crypto Toll on Tankers in Strait of Hormuz
Iran has announced plans to impose a $1-per-barrel toll on oil tankers passing through the Strait of Hormuz, with payments to be made in cryptocurrency. Under the proposed system, vessels will be required to share cargo details electronically, following which authorities will calculate the applicable toll. The payments are expected to be settled in di
Iran Plans $1-Per-Barrel Crypto Toll on Tankers in Strait of Hormuz
Iran has announced plans to impose a $1-per-barrel toll on oil tankers passing through the Strait of Hormuz, with payments to be made in cryptocurrency. Under the proposed system, vessels will be required to share cargo details electronically, following which authorities will calculate the applicable toll. The payments are expected to be settled in di
India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage
Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,
India Among 5 Nations Named in Iran’s ‘Friendly Countries’ List for Strait of Hormuz Passage
Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,









